Retail Business for Sale in North Las Vegas, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: North Las Vegas, NV 89031

Description

This offering delivers what net-lease buyers consistently chase in Las Vegas: a long-tenured, purpose-built operator in a dense, convenience-driven retail node, supported by exceptional access, dominant grocery-anchored draw, and a long-term lease commitment that’s already been re-affirmed. Jiffy Lube has operated at this location for 21 years, and in 2021 executed a new 15-year lease extension with four (4) five-year renewal options—a meaningful vote of confidence in the site’s long-term performance and trade-area durability. The real estate sits just off the major intersection of Ann Road and Camino Al Norte, featuring ~190 feet of frontage and six total points of ingress/egress (five along Camino Al Norte plus one along Ann Road), creating a rare combination of visibility and circulation that helps capture both “in-route” and “intent” trips. The surrounding retail ecosystem is exceptionally tight. The property benefits from a Smith’s-anchored grocery shadow draw and strong national co-tenancy—including CVS, Sonic, Little Caesars, Starbucks, Baskin-Robbins, and more—while you also note no direct vehicle-maintenance competition at the intersection. Adding to the momentum, the former Bank of America building next door (5485 Camino Al Norte) sold for $2.7M and is being redeveloped into a Zippy’s restaurant, further validating investor demand and reinforcing this corridor’s continued retail reinvestment. On the macro side, North Las Vegas is one of the valley’s strongest growth stories—leading the region in new home construction and economic development per the City, and posting material population gains over the last several years. Combined with Las Vegas’ scale (MSA GDP $178.4B in 2023) and record-setting visitor access through Harry Reid International Airport (58.4M passengers in 2024), the market continues to support deep investor liquidity for well-located, service-oriented net lease assets. Investment Highlights: • Camino Al Norte ranks as a top-five performing

Market Context

This retail in North Las Vegas, NV is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in North Las Vegas, NV — <a href="/search/sale/retail/nevada/north-las-vegas">view the full market</a>.

As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.

Its 5.3% asking cap rate is below the Las Vegas retail market average of about 6.5%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Las Vegas?
About 6.5% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$22.79/SF – $30.83/SF

Mid: $26.81/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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